Which of the following is true about the differences between financial and manag

Question

Which of the following is true about the differences between financial and managerial accounting?

Question 1 options:

Managerial accounting presents less non-monetary information than financial accounting

Managerial accounting cannot deviate from generally accepted accounting principles

Managerial accounting places more emphasis on the future

Managerial accounting presents information in a highly summarized form

Managerial accounting presents less non-monetary information than financial accounting

Managerial accounting cannot deviate from generally accepted accounting principles

Managerial accounting places more emphasis on the future

Managerial accounting presents information in a highly summarized form

Explanation / Answer

Managerial accounting presents less non-monetary information than financial accounting

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